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1 Peso
| Issuer | Mindanao Emergency Currency Board |
|---|---|
| Year | 1944 |
| Type | Log in to see details |
| Value | 1 Peso |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Entirely typeset reverse on plain white paper, enclosed within a simple decorative border. The denomination 'ONE PESO' appears at top and bottom, with '1 PESO' printed vertically on both side margins. The central field carries bilingual redemption and anti-counterfeiting legends in English and Visayan (Cebuano), stating the note's redeemability at face value and warning against forgery. |
| Reverse lettering | Log in to see details |
| Signature(s) | Florentino Saguin (Chairman), F.D. Pacana and I. Barbasa (Members) |
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| Comments |
The Mindanao Emergency Currency Board was one of several provincial currency authorities that sprang up across the Philippine islands after Japanese forces severed normal banking operations. Mindanao's geography — large, mountainous, and difficult to pacify fully — allowed guerrilla-aligned civilian administrations to function in the interior well into the occupation period, and these boards existed precisely to keep local commerce moving under conditions where prewar Commonwealth pesos were hoarded or simply unavailable.
P#S523 is among the more obscure Mindanao issues. Three signatures rather than the more common two reflects the board structure of this particular authority — Saguin as chairman with two countersigning members, a deliberate redundancy meant to prevent unauthorized emission.